Bulgarian President Rumen Radev has vetoed the amendments to the Bank Bankruptcy Act adopted on February 9, 2018.
The President supports efforts of the National Assembly for greater efficiency when it came to protection of social interest in cases of bank bankruptcy proceedings.According to him, however, in violation of the rule of law changes would reverse legal consequences, acquired rights and obligations. Society needs to know the concrete dimensions of the consequences of the adopted law, the President said.
The draft amendments to the law were announced as a measure against the secondary plundering of the assets of bankrupt CCB, as changes were proposed by the DPS party. The CCB license was withdrawn by the BNB in November 2014.
On July 7, the Bulgarian National Bank (BNB) puts into circulation a silver commemorative coin titled "175 Years Since the Birth of Ivan Vazov", BNB announced on its website. The coin is part of the "Bulgarian National Revival" series. The silver..
A new lane for heavy trucks over 12 tons will be opened at the Danube Bridge in Ruse, announced Ruse Regional Governor Dragomir Draganov. The initiative comes from the National Customs Agency, which collects the toll for crossing the facility,..
''The negative impact on Bulgaria from a possible introduction by the U.S. of a 25% tariff on EU goods would amount to USD 678 million . This would mean a 0.49% annual decrease in the country’s total exports compared to the levels without..
A new lane for heavy trucks over 12 tons will be opened at the Danube Bridge in Ruse, announced Ruse Regional Governor Dragomir Draganov. The initiative..
On July 7, the Bulgarian National Bank (BNB) puts into circulation a silver commemorative coin titled "175 Years Since the Birth of Ivan Vazov", BNB..
Gorna Oryahovitsa is the largest non-district town in Northern Bulgaria. It is located near Bulgaria’s old capital, Veliko Tarnovo, and is an important..
Partly Cloudy
Clear
Partly cloudy, chance of rain